Streetbeat News

Price Targets

SSB

Truist Securities has maintained a Hold rating on SouthState (NYSE:SSB) while slightly raising the price target from $109 to $111.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 4:11 pm

RNST

Truist Securities has maintained a Hold rating on Renasant (NYSE:RNST) but lowered its price target from $38 to $37.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 4:10 pm

RF

Truist Securities has maintained a Hold rating on Regions Financial (NYSE:RF) while raising the price target from $23 to $25.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 4:09 pm

PNFP

Truist Securities has maintained a Buy rating on Pinnacle Financial Partners and raised the price target from $101 to $113, indicating confidence in the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 4:08 pm

PATK

Truist Securities has maintained a Buy rating on Patrick Industries and raised the price target from $150 to $165, indicating confidence in the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 4:07 pm

NKE

Truist Securities has maintained a Hold rating on Nike and raised its price target from $81 to $85.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 4:06 pm

FDX

FedEx Corp (NYSE:FDX) experienced a significant stock drop of over 15% following a disappointing earnings report. The company reported lower-than-expected revenue and earnings due to decreased U.S. domestic priority package volumes and rising costs. FedEx has revised its full-year guidance downward, projecting low single-digit revenue growth for fiscal year 2025. Analysts have responded with downgrades and reduced price targets, and technical indicators suggest a bearish trend.

Portfolio Pulse from Surbhi Jain

September 20, 2024 | 4:04 pm

VLO

Valero Energy's stock is experiencing a decline following a downgrade by Piper Sandler from Overweight to Neutral, with a reduced price target from $169 to $123.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 4:04 pm

CDXS

Cantor Fitzgerald analyst Kristen Kluska has reiterated an Overweight rating on Codexis (NASDAQ:CDXS) and maintained a price target of $11.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 4:03 pm

LOB

Truist Securities has maintained its Buy rating on Live Oak Bancshares and increased the price target from $51 to $57, indicating confidence in the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 4:03 pm